This was definitely the most helpful regarding this topic. My current plan is to sit in steem and wait for a bit. If I feel like another dump is coming I might shoot off to another stable coin. I see that DAI seems kind of interesting but I am not really sure just yet.
Thing about SBD though is that the cat is out of the bag. If Steem dumps super hard then SBD loses parity. Its well known now I imagine. But at the same time its a stable coin that has unique functionality where if the value of steem is going up or stable then SBD dropping below 1 usd becomes profitable. I personally like this prospect. I am honestly more worried about the prospect that SBD has no way to peg down to 1 USD once its over that value at that point I essentially am forced into another stable coin...